Shanghai 2345 Network Holding Group (002195) - Net Assets
Based on the latest financial reports, Shanghai 2345 Network Holding Group (002195) has net assets worth CN¥9.90 Billion CNY (≈ $1.45 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥10.13 Billion ≈ $1.48 Billion USD) and total liabilities (CN¥225.22 Million ≈ $32.96 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 002195 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.90 Billion |
| % of Total Assets | 97.78% |
| Annual Growth Rate | 28.34% |
| 5-Year Change | 6.47% |
| 10-Year Change | 48.77% |
| Growth Volatility | 165.41 |
Shanghai 2345 Network Holding Group - Net Assets Trend (2004–2025)
This chart illustrates how Shanghai 2345 Network Holding Group's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Shanghai 2345 Network Holding Group.
Annual Net Assets for Shanghai 2345 Network Holding Group (2004–2025)
The table below shows the annual net assets of Shanghai 2345 Network Holding Group from 2004 to 2025. Also explore 002195 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥9.89 Billion ≈ $1.45 Billion |
-3.57% |
| 2024-12-31 | CN¥10.26 Billion ≈ $1.50 Billion |
+5.34% |
| 2023-12-31 | CN¥9.74 Billion ≈ $1.42 Billion |
+3.48% |
| 2022-12-31 | CN¥9.41 Billion ≈ $1.38 Billion |
+1.29% |
| 2021-12-31 | CN¥9.29 Billion ≈ $1.36 Billion |
+1.56% |
| 2020-12-31 | CN¥9.15 Billion ≈ $1.34 Billion |
-10.21% |
| 2019-12-31 | CN¥10.18 Billion ≈ $1.49 Billion |
+9.05% |
| 2018-12-31 | CN¥9.34 Billion ≈ $1.37 Billion |
+19.95% |
| 2017-12-31 | CN¥7.79 Billion ≈ $1.14 Billion |
+17.14% |
| 2016-12-31 | CN¥6.65 Billion ≈ $972.69 Million |
+49.50% |
| 2015-12-31 | CN¥4.45 Billion ≈ $650.61 Million |
+9.18% |
| 2014-12-31 | CN¥4.07 Billion ≈ $595.92 Million |
+773.25% |
| 2013-12-31 | CN¥466.36 Million ≈ $68.24 Million |
+1.61% |
| 2012-12-31 | CN¥458.97 Million ≈ $67.16 Million |
+19.75% |
| 2011-12-31 | CN¥383.27 Million ≈ $56.08 Million |
+19.33% |
| 2010-12-31 | CN¥321.18 Million ≈ $47.00 Million |
+15.62% |
| 2009-12-31 | CN¥277.79 Million ≈ $40.65 Million |
+8.96% |
| 2008-12-31 | CN¥254.95 Million ≈ $37.31 Million |
+10.27% |
| 2007-12-31 | CN¥231.20 Million ≈ $33.83 Million |
+196.73% |
| 2006-12-31 | CN¥77.92 Million ≈ $11.40 Million |
+25.51% |
| 2005-12-31 | CN¥62.08 Million ≈ $9.08 Million |
+18.37% |
| 2004-12-31 | CN¥52.45 Million ≈ $7.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai 2345 Network Holding Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 37561.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.45 Billion | 34.88% |
| Other Components | CN¥6.44 Billion | 65.12% |
| Total Equity | CN¥9.89 Billion | 100.00% |
Shanghai 2345 Network Holding Group Competitors by Market Cap
The table below lists competitors of Shanghai 2345 Network Holding Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JYSKE BK. UNS.ADR 1/5 DK1
F:JYS
|
$5.07 Billion |
|
Granite Construction Incorporated
NYSE:GVA
|
$5.07 Billion |
|
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SHG:603369
|
$5.07 Billion |
|
Hangzhou Lion Electronics Co Ltd
SHG:605358
|
$5.07 Billion |
|
Mercury Systems Inc
NASDAQ:MRCY
|
$5.06 Billion |
|
Wyndham Hotels & Resorts Inc
NYSE:WH
|
$5.06 Billion |
|
3SBio Inc
F:83B
|
$5.05 Billion |
|
PCCW LTD ADR/10 HD-25
F:TH3C
|
$5.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai 2345 Network Holding Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,789,261,372 to 9,890,284,144, a change of 101,022,772 (1.0%).
- Net income of 92,252,669 contributed positively to equity growth.
- Dividend payments of 758,911 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥92.25 Million | +0.93% |
| Dividends Paid | CN¥758.91K | -0.01% |
| Other Changes | CN¥9.53 Million | +0.1% |
| Total Change | CN¥- | 1.03% |
Book Value vs Market Value Analysis
This analysis compares Shanghai 2345 Network Holding Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.50x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 129.39x to 3.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.05 | CN¥6.11 | x |
| 2005-12-31 | CN¥0.05 | CN¥6.11 | x |
| 2006-12-31 | CN¥0.06 | CN¥6.11 | x |
| 2007-12-31 | CN¥0.19 | CN¥6.11 | x |
| 2008-12-31 | CN¥0.16 | CN¥6.11 | x |
| 2009-12-31 | CN¥0.17 | CN¥6.11 | x |
| 2010-12-31 | CN¥0.19 | CN¥6.11 | x |
| 2011-12-31 | CN¥0.23 | CN¥6.11 | x |
| 2012-12-31 | CN¥0.27 | CN¥6.11 | x |
| 2013-12-31 | CN¥0.28 | CN¥6.11 | x |
| 2014-12-31 | CN¥1.61 | CN¥6.11 | x |
| 2015-12-31 | CN¥0.89 | CN¥6.11 | x |
| 2016-12-31 | CN¥1.24 | CN¥6.11 | x |
| 2017-12-31 | CN¥1.36 | CN¥6.11 | x |
| 2018-12-31 | CN¥1.71 | CN¥6.11 | x |
| 2019-12-31 | CN¥1.74 | CN¥6.11 | x |
| 2020-12-31 | CN¥1.60 | CN¥6.11 | x |
| 2021-12-31 | CN¥1.63 | CN¥6.11 | x |
| 2022-12-31 | CN¥1.68 | CN¥6.11 | x |
| 2023-12-31 | CN¥1.74 | CN¥6.11 | x |
| 2024-12-31 | CN¥1.72 | CN¥6.11 | x |
| 2025-12-31 | CN¥1.74 | CN¥6.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai 2345 Network Holding Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.12%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.03x
- Recent ROE (0.93%) is below the historical average (9.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 23.44% | 18.35% | 1.00x | 1.28x | CN¥7.03 Million |
| 2005 | 22.55% | 16.47% | 1.11x | 1.23x | CN¥7.78 Million |
| 2006 | 26.03% | 16.70% | 1.16x | 1.35x | CN¥12.46 Million |
| 2007 | 11.45% | 17.30% | 0.61x | 1.09x | CN¥3.36 Million |
| 2008 | 11.44% | 16.57% | 0.61x | 1.14x | CN¥3.67 Million |
| 2009 | 7.57% | 10.51% | 0.61x | 1.18x | CN¥-6.49 Million |
| 2010 | 14.78% | 15.36% | 0.82x | 1.17x | CN¥14.62 Million |
| 2011 | 17.69% | 16.63% | 0.92x | 1.15x | CN¥28.25 Million |
| 2012 | 15.01% | 16.17% | 0.84x | 1.10x | CN¥22.15 Million |
| 2013 | 6.55% | 7.40% | 0.82x | 1.08x | CN¥-15.52 Million |
| 2014 | 2.92% | 18.10% | 0.15x | 1.06x | CN¥-287.69 Million |
| 2015 | 9.39% | 28.38% | 0.30x | 1.09x | CN¥-27.12 Million |
| 2016 | 9.56% | 36.46% | 0.24x | 1.11x | CN¥-28.99 Million |
| 2017 | 12.42% | 29.61% | 0.35x | 1.20x | CN¥184.36 Million |
| 2018 | 14.66% | 36.23% | 0.32x | 1.26x | CN¥434.82 Million |
| 2019 | 7.47% | 31.10% | 0.21x | 1.12x | CN¥-256.80 Million |
| 2020 | -10.00% | -74.50% | 0.12x | 1.10x | CN¥-1.83 Billion |
| 2021 | 4.28% | 42.62% | 0.09x | 1.07x | CN¥-530.43 Million |
| 2022 | 2.25% | 31.76% | 0.07x | 1.05x | CN¥-728.87 Million |
| 2023 | 3.41% | 58.70% | 0.06x | 1.03x | CN¥-641.82 Million |
| 2024 | 0.33% | 4.91% | 0.06x | 1.07x | CN¥-946.46 Million |
| 2025 | 0.93% | 14.12% | 0.06x | 1.03x | CN¥-896.78 Million |
Industry Comparison
This section compares Shanghai 2345 Network Holding Group's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,284,762,254
- Average return on equity (ROE) among peers: 9.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai 2345 Network Holding Group (002195) | CN¥9.90 Billion | 23.44% | 0.02x | $5.07 Billion |
| Digital China Information Service Co Ltd (000555) | $-38.63 Million | 0.00% | 0.00x | $1.48 Billion |
| Fujian Newland Computer Co Ltd (000997) | $845.77 Million | 10.12% | 0.42x | $2.91 Billion |
| YGSOFT Inc (002063) | $731.03 Million | 26.17% | 0.25x | $1.50 Billion |
| Dhc Software Co Ltd (002065) | $1.08 Billion | 16.40% | 0.72x | $3.11 Billion |
| Zhejiang Netsun Co Ltd (002095) | $1.07 Billion | 1.80% | 0.22x | $604.64 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $4.22 Billion | -5.64% | 0.48x | $902.80 Million |
| Beijing Shiji Information Technology Co Ltd (002153) | $1.91 Billion | 19.96% | 0.29x | $3.00 Billion |
| Iflytek Co Ltd (002230) | $661.46 Million | 15.29% | 0.31x | $13.67 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.08 Billion | 0.71% | 0.53x | $953.55 Million |
About Shanghai 2345 Network Holding Group
Shanghai Stonehill Technology Co., Ltd., together with its subsidiaries, provides internet information services in China. The company develops software products, including 2345 Website Navigation, Browser, Security Guard, 2345 HaoZip, Image Viewer, Input Method, 2345 Weather Forecast, and Qingniao Wallpaper. It also provides Nullmax, a platform which offers various driver assistance features. In … Read more